Sandhar Technologies Limited (NSEI:SANDHAR) entered into Share Purchase Agreement to acquire remaining stake in Sandhar Daewha Automotive Systems Private Limited from Daewha Fuel Pump Ind., Limited for $0.07 million on December 6, 2021. As part of the transaction, Sandhar Technologies will acquire 14.82 million shares in Sandhar Daewha Automotive. Post completion, Sandhar Technologies will hold 100% stake in Sandhar Daewha Automotive. The transaction is expected to completed on March 31, 2022. Sandhar Daewha Automotive reported revenue of $0.41 in FY2020-21. Sandhar Technologies Limited (NSEI:SANDHAR) completed the acquisition of a 47.82% stake in Sandhar Daewha Automotive Systems Private Limited from Daewha Fuel Pump Ind., Ltd. on December 28, 2021.